Cherry Hills Village, CO Profile: Facts & Data

The City of Cherry Hills Village had a population of 6,364 as of July 1, 2023. Cherry Hills Village ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Cherry Hills Village is located at latitude 39.6417 and longitude -104.9594 in Arapahoe County. The formal boundaries for the City of Cherry Hills Village encompass a land area of 6.2 sq. miles and a water area of 0.07 sq. miles. Arapahoe County is in the Mountain time zone (GMT -7).

The City of Cherry Hills Village has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Cherry Hills Village is located within Southwest Arapahoe Division of Arapahoe County.

Cherry Hills Village, CO Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	6,364 (100%)
Population in Households	6,364 (100.0%)
Population in Families	5,948 (93.5%)
Population in Group Quarters¹	0
Population Density	1,026
Diversity Index²	30


INCOME
Median Household Income	$200,001
Average Household Income	$354,037
% of Income for Mortgage⁴	52%
Per Capita Income	$115,045
Wealth Index⁵	505
Socioeconomic Status Index⁶	High (78.1)

HOUSING
Total HU (Housing Units)	2,199 (100%)
Owner Occupied HU	1,998 (90.9%)
Renter Occupied HU	70 ( 3.2%)
Vacant Housing Units	131 ( 6.0%)
Median Home Value	$1,743,873
Average Home Value	$1,696,146
Housing Affordability Index³	49

HOUSEHOLDS
Total Households	2,068
Average Household Size	3.08
Family Households	1,784
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Cherry Hills Village, CO - Peer Comparisons by Rank and Percentile

The table below compares Cherry Hills Village to the other 482 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	-0.37%	-0.22%
Households	0.00%	-0.09%
Families		-0.09%
Median Household Income		0.00%
Per Capita Income		1.68%
Owner Occupied HU		0.01%

Variable Description	Rank	Percentile
Total Population	# 103	79th
Population Density	# 189	61st
Median Household Income	# 4	100th
Housing Affordability Index	# 119	25th
Per Capita Income	# 4	99th
Diversity Index	# 399	17th

Cherry Hills Village, CO Profile: Facts & Data

Cherry Hills Village, Colorado - Basic Facts

Cherry Hills Village, CO Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Cherry Hills Village, CO - Peer Comparisons by Rank and Percentile

Cherry Hills Village, CO - Most Popular Things to Do

Use HTL Address Research for a Colorado Address and get...

Quick & Easy Ways to...

Colorado Census Data Comparison Tool

Arapahoe County